Agenda Articles

On 21 May 2024, the Department of Enterprise, Trade and Employment launched a consultation on the domestic implementation of the EU Artificial Intelligence Act (the “AI Act”). The consultation is intended to inform Ireland’s approach to implementing the AI Act, particularly in relation to the configuration of national competent authorities required for implementation.

The CRO have restored the status of the companies effected and have ceased the involuntary strike-off process, pending a full review.

Following on from the UK Supreme Court decision in Sequana (discussed here), the recent UK High Court (UKHC) decision in Hunt v Singh [2023] EWHC 1784 (Ch), further considered the duty of directors to take into account the interests of creditors in certain circumstances.

In the February edition we looked at: ESMA, individual accountability, T+1 Settlement cycle

The interim period of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (Act) related to the holding of virtual meetings, including AGMs, was further extended to 31 December 2024 following Government approval.

Following a public consultation WRC has published a Code of Practice for Employers and Employees on the Right to Request Flexible Working and the Right to Request Remote Working.

The AI Office will implement the future AI Act at EU level and it should become a central coordination body for AI policy at EU level and cooperate with other Commission departments, EU bodies, Member States and the stakeholder community.

On 17 February 2024, the Digital Services Act (the "DSA") comes into full force, requiring all intermediary service providers to consider what action they need to take in order to comply with its terms.

The Irish Screening of Third Country Transactions Act 2023 (the Act) is currently expected to enter into force by 30 June 2024.